KUALA LUMPUR: Mah Sing Group Bhd’s M Arisa, which was launched during the pandemic phase, has achieved an 80% take-up rate.

       The developer said it continued its efforts to develop affordable housing by unveiling a new show unit of the serviced residence M Arisa Type A with a unit size of 550sqft, with the starting price from RM299,000.

       Mah Sing, in a statement, said the new show unit is to provide buyers with ideas and inspiration on how to fully utilise the space efficiently and to furnish a 1-bedroom unit with a practical and flexible concept.

       “The project M Arisa is located next to M Centura, which has recently been completed and handed over to the purchasers.

       “We can see that M Arisa sales have been very encouraging, with a healthy take-up rate of 80% since its launch during the pandemic. For first-time homebuyers, younger professionals or young couples, M Arisa is the perfect affordable residence with lots of green space,” chief executive officer Datuk Ho Hon Sang said.

       M Arisa sits on 3.31 acres of land in Sentul and has an estimated gross development value (GDV) of RM653mil. It consists of two towers (Tower A & B), 55-storey serviced residences, with unit sizes ranging from 550 sq ft to 1,025 sq ft 1 to 4-bedroom layout.

       The recently opened show unit Type A is the smallest layout, providing 1 bedroom and 1 bathroom, making it suitable for young professionals.